Elitmus
Exam
Numerical Ability
Profit and Loss
A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)
Read Solution (Total 4)
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- 20% of 30 = 6 rupee profit
36/3 = 12 rupee per passenger
12*4 = 48
48 - 24 = 24.
so profit = 100%. - 8 years agoHelpfull: Yes(13) No(2)
- profit % =100
- 8 years agoHelpfull: Yes(5) No(3)
- When 3 passengers income was 3x
expense=30 rs.
profit =20% of 30 =6 rs.
That means his earning is 36 rs. so that per passenger fare must be 12 rs.
When 4 passengers
earning = 12*4=48 rs.
expense =24 rs.
profit = 24 rs. =100% - 8 years agoHelpfull: Yes(3) No(0)
- 20% of 30/-=6/-
=>total 36/-
per person 12/- charge
and if 4 persons are charging 48/- and actual cost is 24/-
profit=24/- =>100% - 8 years agoHelpfull: Yes(0) No(0)
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